Andrew Mickey of BreakAway Investor wrote a piece about why Russian President Vladimir Putin is the world's most dangerous man (you can see it here).
Mickey makes a darn good argument to support Putin's infamy. He accuses Putin of playing "a deadly game of resource roulette." That Putin is ready to plunge a "red dagger into America's financial heart." And that Putin is "already in the early stages of a strategic strike on the United States economy, the likes of which could cripple our nation for decades."
I have no argument with Mickey's take on Putin. But I can't believe for a moment that Putin is the world's most dangerous man. Because the most dangerous man in the world is clearly Alan Greenspan.
Greenspan is as dangerous as a crack dealer in a school yard. He got America hooked on cheap money and then fled the scene of the crime just as it was about to backfire on him -- his pockets stuffed with blood money.
While foreclosures in America reach an all-time high from the great cheap-money subprime meltdown, crack-dealer Greenspan sold his memoir for an advance of more than $8.5 million -- the second-largest advance ever paid for a nonfiction book. Who knows how much he'll ultimately make on that whitewash job after Big Media pumps it all up out of proportion.
Not happy with throwing people out of their homes and jobs, Greenspan has even diminished the value of our own heavenly salvation: Greenspan's advance edged out the $8.5 million advance that Pope John Paul II for his book "Crossing the Threshold of Hope."
I say, forget the dollar. It's time to get into commodities. And the best place to make money in commodities is in the emerging economies that supply them to a resource-starved world.
I don't know about you, but I'd much rather do business with Putin (and Russia's trillions worth of oil, natural gas and potash) than that crack dealer, Greenspan.
Sorry, Mickey. I know that you just got back from Russia to check out all commodity opportunities that Mr. Bad Guy Putin has to offer. But in my book, public enemy #1 is Alan Greenspan.
--Irwin Greenstein
